Kenya's Stock Market Hits New 2017 High (Charts)
Nairobi All Share Index (NASI) a weighted index consisting of all the securities on the Nairobi Securities Exchange on Friday's trading session closed at a new 2017 high of 132.95 points [...]
How to invest in the Barclays NewGold ETF
The Nairobi Securities Exchange recently introduced the listing of a different Asset Class on the Exchange, Gold, through an Exchange Traded Fund commonly referred to as ETF. What is an [...]CBK Sacco Regulator Warn Public Against Ponzi Schemes Unlicensed SACCOs
The Central Bank of Kenya (CBK) and the Sacco Societies Regulatory Authority (SASRA) have warned the public against investing with unlicensed deposit taking entities and ponzi/pyramid schemes which have been promising Kenyans unusually [...]50 Kenyan firms Listed Among LSE's ‘Companies to Inspire Africa’ report
50 companies operating in Kenya have been named in London Stock Exchange’s inaugural ‘Companies to Inspire Africa’ report. Collectively, Kenyan companies make up 14 per cent of the total number of [...]Coca-Cola Africa Acquires 100% Stake in Kisumu Based Equator Bottlers
Africa’s largest Coca-Cola bottler Coca-Cola Beverages Africa (CCBA) has announced the acquisition of the entire 100 per cent stake in Equator Bottlers Ltd, a franchise bottler for Coca Cola Company [...]Nation Media Group Earnings Plunge, Sh 10 Dividend Retained
Nation Media Group on Wednesday reported its Full Year 2016 results posting a decline of 24 per cent in profit after tax to Sh 1.635 Billion from the previous year's Sh [...]M-Akiba Mobile Bond Sold Out Ahead of Time
Kenya has fully sold its debut mobile phone-based bond worth 150 million shillings ($1.45 million), with investor demand forcing the issue to be closed ahead of time, the Treasury said [...]India's Mahindra Group launches New Big Bolero Pickup in Kenya
Mahindra Mahindra Ltd. (MM Ltd.), India’s leading SUV manufacturer, today announcedthe launch of the Big Bolero Pickup, in Kenya. With its large cargo box, a payload capacity of 1.5 [...]Kenya Private Sector Activity Contracts For the First Time In Series History
Kenya's March private sector growth has witnessed contraction for the first time, linked to the fall in activity to weaker underlying demand conditions, and lower willingness to spend, Stanbic Bank HIS [...]Crown Paints Spends Sh200 Million To revamp East African factories
Nairobi Securities Exchange listed Paint manufacturer Crown Paints (Symbol; BERG) has invested Sh200 million to boost production in its plants across the East African Market. According to Smart Company, Crown Paint's [...]Stima Sacco Pre-Tax Profit Jumps 89%, Declares Sh 1.2 Billion in Dividends
Stima SACCO has announced a 1.2 billion shilling dividend payout to its shareholders up 14 percent compared to 12 percent paid in 2015. The Sacco posted an increase of 89 per cent [...]Q1 2017 Market Report
I do not play according to a given set of rules; I look for changes in the rules of the game. George Soros We have come to the dawn [...]
